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Any investors who are searching for International Bond - Developed funds should take a look at Vanguard Total International Bond Index Admiral (VTABX - Free Report) . The fund does not have a Zacks Mutual Fund Rank, though we have been able to explore other metrics like performance, volatility, and cost.
Objective
VTABX is one of many International Bond - Developed funds to choose from. International Bond - Developed funds offer investors geographic diversification by focusing on fixed income securities from developed nations besides the United States. Top holdings include assets from countries like Japan, Germany, the UK, France, and Australia. While these is certainly an advantage, investors should be aware of currency risk.
History of Fund/Manager
VTABX is a part of the Vanguard Group family of funds, a company based out of Malvern, PA. Vanguard Total International Bond Index Admiral debuted in May of 2013. Since then, VTABX has accumulated assets of about $23.42 billion, according to the most recently available information. The fund is currently managed by Joshua Barrickman who has been in charge of the fund since May of 2013.
Performance
Of course, investors look for strong performance in funds. This fund carries a 5-year annualized total return of 0.01%, and it sits in the bottom third among its category peers. Investors who prefer analyzing shorter time frames should look at its 3-year annualized total return of 1.06%, which places it in the middle third during this time-frame.
It is important to note that the product's returns may not reflect all its expenses. Any fees not reflected would lower the returns. Total returns do not reflect the fund's [%] sale charge. If sales charges were included, total returns would have been lower.
When looking at a fund's performance, it is also important to note the standard deviation of the returns. The lower the standard deviation, the less volatility the fund experiences. Compared to the category average of 11.48%, the standard deviation of VTABX over the past three years is 6.01%. Over the past 5 years, the standard deviation of the fund is 5.12% compared to the category average of 11.99%. This makes the fund less volatile than its peers over the past half-decade.
Expenses
As competition heats up in the mutual fund market, costs become increasingly important. Compared to its otherwise identical counterpart, a low-cost product will be an outperformer, all other things being equal. Thus, taking a closer look at cost-related metrics is vital for investors. In terms of fees, VTABX is a no load fund. It has an expense ratio of 0.11% compared to the category average of 0.82%. From a cost perspective, VTABX is actually cheaper than its peers.
While the minimum initial investment for the product is $3,000, investors should also note that each subsequent investment needs to be at least $1.
Fees charged by investment advisors have not been taken into considiration. Returns would be less if those were included.
Bottom Line
Your research on the International Bond - Developed segment doesn't have to stop here. You can check out all the great mutual fund tools we have to offer by going to www.zacks.com/funds/mutual-funds to see the additional features we offer as well for additional information. If you are more of a stock investor, make sure to also check out our Zacks Rank, and our full suite of tools we have available for novice and professional investors alike.
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Is VTABX a Strong Bond Fund Right Now?
Any investors who are searching for International Bond - Developed funds should take a look at Vanguard Total International Bond Index Admiral (VTABX - Free Report) . The fund does not have a Zacks Mutual Fund Rank, though we have been able to explore other metrics like performance, volatility, and cost.
Objective
VTABX is one of many International Bond - Developed funds to choose from. International Bond - Developed funds offer investors geographic diversification by focusing on fixed income securities from developed nations besides the United States. Top holdings include assets from countries like Japan, Germany, the UK, France, and Australia. While these is certainly an advantage, investors should be aware of currency risk.
History of Fund/Manager
VTABX is a part of the Vanguard Group family of funds, a company based out of Malvern, PA. Vanguard Total International Bond Index Admiral debuted in May of 2013. Since then, VTABX has accumulated assets of about $23.42 billion, according to the most recently available information. The fund is currently managed by Joshua Barrickman who has been in charge of the fund since May of 2013.
Performance
Of course, investors look for strong performance in funds. This fund carries a 5-year annualized total return of 0.01%, and it sits in the bottom third among its category peers. Investors who prefer analyzing shorter time frames should look at its 3-year annualized total return of 1.06%, which places it in the middle third during this time-frame.
It is important to note that the product's returns may not reflect all its expenses. Any fees not reflected would lower the returns. Total returns do not reflect the fund's [%] sale charge. If sales charges were included, total returns would have been lower.
When looking at a fund's performance, it is also important to note the standard deviation of the returns. The lower the standard deviation, the less volatility the fund experiences. Compared to the category average of 11.48%, the standard deviation of VTABX over the past three years is 6.01%. Over the past 5 years, the standard deviation of the fund is 5.12% compared to the category average of 11.99%. This makes the fund less volatile than its peers over the past half-decade.
Expenses
As competition heats up in the mutual fund market, costs become increasingly important. Compared to its otherwise identical counterpart, a low-cost product will be an outperformer, all other things being equal. Thus, taking a closer look at cost-related metrics is vital for investors. In terms of fees, VTABX is a no load fund. It has an expense ratio of 0.11% compared to the category average of 0.82%. From a cost perspective, VTABX is actually cheaper than its peers.
While the minimum initial investment for the product is $3,000, investors should also note that each subsequent investment needs to be at least $1.
Fees charged by investment advisors have not been taken into considiration. Returns would be less if those were included.
Bottom Line
Your research on the International Bond - Developed segment doesn't have to stop here. You can check out all the great mutual fund tools we have to offer by going to www.zacks.com/funds/mutual-funds to see the additional features we offer as well for additional information. If you are more of a stock investor, make sure to also check out our Zacks Rank, and our full suite of tools we have available for novice and professional investors alike.